Quote:
Originally Posted by Unregistered
thanks for sharing your thoughts. so, suppose one is holding a semi stable job, say between civil service and MNC middle management in non-sales, and has a cashflow of 100k and net worth of 1m. is a debt of 500k ok? how about 1m? or even 2m?
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Nowadays, earning $100k pa is nothing, having net worth of $1m is also nothing.
You should only take a loan of $300k the max.
For me, my net worth is $5m and I have no debt at all.